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Economy - Questions and AnswersPage 5

41.

The earlier name of WTO was
(a)UNCTAD
(b)GATT
(c)UNIDO
(d)OECD
Comment
Answer is: BNA

42.

In which year was World Bank formed?
(a)1945
(b)1948
(c)1949
(d)1950
Comment
Answer is: ANA

43.

Which one of the following administers the International Development Association?
(a)UNDP
(b)UNIDO
(c)IFAD
(d)IBRD
Comment
Answer is: DNA

44.

The headquarters of IMF and World Bank are located at
(a)Geneva and Montreal
(b)Geneva and Vienna
(c)New York and Geneva
(d)Washington DC
Comment
Answer is: DNA

45.

What does S and P 500 relate to
(a)Supercomputer
(b)A new technique in e-business
(c)A new technique in bridge building
(d)An index of stocks of large companies
Comment
Answer is: DNA

46.

Gilt-edged means
(a)bullion market
(b)market of Government securities
(c)market of guns
(d)market of pure metals
Comment
Answer is: BNA

47.

In which of the following years did India switched over to decimal currencies?
(a)1957
(b)1958
(c)1959
(d)1963
Comment
Answer is: ANA

48.

The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called
(a)SLR
(b)CBR
(c)SBR
(d)CRR
Comment
Answer is: DNA

49.

Open market operations of Reserve Bank India refers to
(a)trading in securities
(b)auctioning of foreign exchange
(c)transaction in Gold
(d)none of the above
Comment
Answer is: ANA

50.

Which of the following is the most important component of the liabilities of Commercial Bank in India?
(a)Time deposits
(b)Deman deposits
(c)Inter-bank liabilities
(d)Other borrowings
Comment
Answer is: ANA

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